Cal Poly San Luis Obispo Sources & Uses Budget - Summary Fiscal Year 2016/17

Transcription

1 Sources & Uses Budget - Summary Changes to FY 2015/16 Base FY 16/17 FY 2016/17 Sources State Tax Revenues 114,403,468 10,197, ,600,468 Campus Based Fees 174,605,000 6,024, ,629,000 Interest Assessment 99,400 99,400 Total Sources 289,107,868 16,221, ,328,868 Uses General Campus Support 197,076,369 2,695, ,771,369 Mandatory costs 35,709,123 11,976,000 47,685,123 Continuing Commitments 48,890,000 1,947,000 50,837,000 Future Commitments 6,286,965 6,286,965 Centrally Administered Budgets 11,139,455 11,139,455 Base Budget Structural Imbalance (9,994,044) (397,000) (10,391,044) Total Uses 289,107,868 16,221, ,328,868 Net Base Budget Available for Unmet Needs Detail displayed on page 3 Page 1

2 Initial CSU Operating Fund Base Budget After S&U Allocations Changes to Academic Affairs FY 2015/16 Base FY 16/17 FY 2016/17 College of Agriculture 16,275,214 5,972,427 22,247,641 College of Architecture & Environmental Design 11,543,916 2,437,870 13,981,786 Orfalea College of Business 9,176,009 4,635,433 13,811,442 College of Engineering 19,928,019 11,497,263 31,425,282 College of Liberal Arts 28,197,827 7,229,469 35,427,296 College of Science & Math 27,626,624 8,018,706 35,645,330 Information Technology Services 1 19,871,504 (3,591,058) 16,280,446 Academic Programs and Planning/Library 0 15,670,984 15,670,984 Financial Aid Grants 18,829,893 1,338,000 20,167,893 Cal Poly Plan 2 4,183,000 (3,791,000) 392,000 College Based Fee 2 16,709,000 (15,912,000) 797,000 Student Success Fee 2 15,583,000 (14,181,162) 1,401,838 Unallocated Academic Affairs 3,613,500 (301,500) 3,312,000 All Other Program Areas 23,540,587 (9,682,043) 13,858,544 subtotal, Academic Affairs $215,078,093 $9,341,389 $224,419,482 Administration and Finance Utilities 7,067,287 17,609 7,084,896 Special Repair 2,029,451-2,029,451 All Other AFD Areas 28,918,814 4,603,010 33,521,824 subtotal, Administration and Finance 38,015,552 4,620,619 42,636,171 President's Office and Legal Counsel 2,416, ,973 3,278,000 Student Affairs 11,080,328 11,096,743 22,177,071 University Development 1 5,093,184 (2,314,734) 2,778,450 Centrally Managed - Risk, Fire Services, Other 4,720,877 (490,400) 4,230,477 Campus Contingency & Unallocated 12,703,807 (6,894,591) 5,809,216 CSU Operating Fund Base Budget $289,107,868 $16,221,000 $305,328,868 deduct: CSU Operating Fund Fee Revenues 174,704,400 6,024, ,728,400 Net, CSU Allocation of State Tax Revenues $ 114,403,468 $ 10,197,000 $ 124,600,468 1 Re-organization 2 Baselined in 2015/16 Page 2

3 CSU General Operating Fund Budget Plan Summary FY Sources CSU Changes to Base FY 2015/16 Base Budget Resident FTES 16,759 Non-Resident FTES 2,932 Incremental Adjustments Initial FY 2016/17 Base Budget Allocated State Tax Revenues $ 114,403,468 $ 9,564,000 $ 124,600,468 Enrollment Growth $ 633,000 Campus Based Fees State University Fee 105,968,000 2,577,000 National / International Tuition 24,566,000 1,000,000 College Based Fee 16,709, ,000 Student Success Fee 15,583, ,000 Cal Poly Plan 4,261, ,000 Professional Grad Fee 170,000 - Health Services 5,895, ,000 Other Campus Receipts and Sources 1,453, ,000 Interest Assessment 99, Sub-total - Revenue 174,704,400 6,024, ,728,400 Total Sources $ 289,107,868 $ 16,221,000 $ 305,328,868 Uses Mandatory Costs General Campus Support 222,029,480-2% Faculty Comp - FY 15/16 1,975,000 2% Faculty/Staff Comp - FY 16/17 4,045,000 Health 2,223,000 Employee Retirement 1,247,000 Physical Plant Maintenance - (Maint Infrastructure/New Space) 154,000 CSU Student Success Efforts - FY 16/17 210,000 Risk Pool 3,953,477 - SUG Allocation 13,089, ,000 Sub-total - Mandatory Costs 239,072,457 9,954, ,026,457 Designated Campus Based Fees Cal Poly Plan 4,261, ,000 Health Services 5,895, ,000 Student Success Fee 15,583, ,000 College Based Fee 16,709, ,000 Professional Grad Fee - Fin Aid 25% 43,614 - Professional Grad Fee - OCOB 126,386 - Sub-total, Designated campus based fees 42,618,000 1,947,000 44,565,000 Campus Based Scholarships National / International Scholarship (800 FTF) 5,360,000 - Cal Poly Scholars - Mosaic 90,000 - Cal Poly Engineering Scholars 600,000 - Merit Scholarship 222,000 - Commitments FY 2016/ Sub-total, Campus Based Scholarships 6,272,000-6,272,000 Salary equity pool 500,000 Reserve for Capital Projects - Performing Arts Center 30,000 Interim Base Adjustments 335,000 Unfunded compensation increase -1% estimated 2,022,000 Long-term leases 300,000 Dept of Labor contingency - 300,000 Title IX (AA/SA) 200,000 AFD position funding needs 335,000 Athletics 50,000 Communication/Development position funding 85,000 General Counsel University wide operational costs 40,000 Student Affairs sign language support 20,000 Hold for Marketing Initiative (offset to base fund App Fee Inc.) - 500,000 Sub-total, Commitments - 4,717,000 4,717,000 Centrally Administered Budgets General Institutional Expenses (Risk, Legal, Insurance, etc) 4,010,068 - Utilities 7,129,387 - Sub-total, Centrally Administered Budgets 11,139,455-11,139,455 Total Uses $ 299,101,912 $ 16,618,000 $ 315,719,912 Net Base Budget Surplus / (Deficit) $ (9,994,044) $ (397,000) $ (10,391,044) O:\BFD\ \Website Reports\ Files\Web Pages_2016_17_NEEDS_UPDATE_ TEST Updated: 9/17/2015

4 Student Success Fee, 5% Colleged Base Fee, 6% Non Resident Tuition, 8% State University Fee, 36% FY2016/17 Revenue Budget Other Fees & Sources, 4% State Appropriation, 41% Overall, student fess provide approximately 60% of Cal Poly's operating budget, compared to 40% of state support. To provide perspective, a little over ten years ago the state provided 80% of funding with the balance provided by student fees. State Appropriation 41% State University Fee 36% Non Resident Tuition 8% Colleged Base Fee 6% Student Success Fee 5% Other Fees & Sources 4%

5 FY 2016/17 Operating Budget Academic Affairs 7.1% 2.0% 3.2% 11.7% 7.8% 1.0% 1.1% 66.1% Admin & Finance Financial Aid Grants Utilities/Risk Pool/Special Repair Contingencies/Unallocated Student Affairs 66% of Cal Poly's operating budget is allocated to Academic Affairs. Of that, apporximately 81% is allocated to the six colleges with the balance allocated to Library Services, Information Technology (ITS) and other programs within the division. University Advancement President Academic Affairs 66.1% Admin & Finance 11.7% Financial Aid Grants 7.1% Utilities/Risk Pool/Special Repair 3.2% Contingencies/Unallocated 2.0% Student Affairs 7.8% University Advancement 1.0% President 1.1%

6 Supplies, Equipment, Maintenance 16% FY 2016/17 Expenditures Financial Aid 7% Academic Salary & Wages 26% Academic Salary & Wages Staff Salary & Wages Benefits Similar to other higher education institutions, most of Cal Poly's operating budget goes to pay for people. Approximately 77% is used to fund faculty & staff wages and benefits. Operating expenses do not reflect capital expenditures or debt service. Benefits 26% Staff Salary & Wages 25% Supplies, Equipment, Maintenance Financial Aid Academic Salary & Wages 26.2% Staff Salary & Wages 24.9% Benefits 26.1% Supplies, Equipment, Maintenance 16.2% Financial Aid 6.6%